Medicaid Financial Glossary
What is it? A federal- and state-government-funded program that pays for long-term care, medical bills, and some health-care services for extremely low-income individuals. Considered a form of welfare.Finance Term Definition Added By: Kylie
The Medicaid definition has been viewed 4806 Time(s)!
Send To Friends!
If you'd like to send the Medicaid definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Medicaid. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Finance Terms:
Financial Term PrePayment is Payment of the mortgage loan before the scheduled due date. May be subject to a prepayment penalty.Financial Term Gift Tax Annual Exclusion is The first $10,000 in gifts that an individual can give tax free to another during a calendar year. The amount will be indexed for inflation after 1998. (See Annual Exclusion.)
Financial Term HELP is Homebuyer Education Learning Program, an educational program from the FHA that counsels people about the homebuying process. HELP covers topics like budgeting, finding a home, getting a loan, and home maintenance. In most cases, completion of the program may entitle the homebuyer to a reduced initial FHA mortgage insurance premium-from 2.25% to 1.75% of the home purchase price.
Financial Term Employment is With reference to financial aid, the opportunity for students to earn money to help pay for their education. Federal Work-Study is one program by which needy students can work to defray their educational expenses.
Financial Term FTSE 250 Index is Similar to the FTSE 100 Index, but listing the 250 largest UK companies.